Charles Schwab, Burger King, Chipotle among companies making big moves in the stock market

Charles Schwab, Burger King are big movers

NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Burger King Holdings Inc., up $2.41 at $18.86

The King is in play. Two published reports, citing anonymous sources, said the fast-food chain was in talks to be acquired by a private equity firm.

Teekay Offshore Partners LP, up 93 cents at $22.18

Shares of the oil and natural gas transportation company rose after an analyst upgraded the stock, saying it should see better operating performance.

Chipotle Mexican Grill Inc., up $8.58 at $159.41

Shares of the burrito chain climbed to an all-time high after an analyst predicted the restaurant’s strong sales will continue.

Guess Inc., up 81 cents at $33.13

The clothing company told investors that it wants to expand overseas and diversify its product offerings.

Saks Inc., down 48 cents at $7.42

The slumping economy is raising concerns that luxury consumers will open their wallets in the next few months, according to a JPMorgan analyst.

NASDAQ

Applied Signal Technology Inc., up $1.92 at $21.54

The company, which makes reconnaissance equipment for the U.S. military, saw its shares rise after reporting better-than-expected third-quarter earnings.

Charles Schwab Corp., up 78 cents at $13.54

Shares surged after a Raymond James analyst upgraded the stock to “outperform,” citing strong deposit growth at its bank.

Dell Inc., up 35 cents at $12.12

Investors bid up the shares as they waited to see if the computer company would raise its bid for 3Par Inc. and thwart rival Hewlett-Packard Co.